China's Rapid Growth and Technology

In an interesting blog in the Diplomat today, Asia’s Real Challenge: China’s “Potemkin” Rise, the author makes several comments about the low quality of China's economic growth. We responded to this LinkedIn thread with our take on the technology market angle.

An Excerpt:

"But the real story is not about PCs, it is about the billions of Smartphones and Tablet devices that will overwhelm the PC Market worldwide in very short order. The Global installed base of of Smartphones and Tablets will overtake that of PCs this year and grow by multiples over the next few years. Function-specific devices like digital cameras, MP3 players and GPS Devices and now the venerable PC, will all have been eclipsed by the new mobile devices. Lenovo and Huawei are both in the Smartphone business and are in the top five in China - Samsung is the leader. China has leapfrogged in some technologies, such as in the adoption of landline telephones, which peaked globally in 2002, The bottom line on innovation in my opinion is covered in the summary of the following blog post from last year concerning Internet adoption in China." http://techaisle.com/blog/2012/09/the-internet-in-china-will-it-follow-korea/

 

[caption id="attachment_2732" align="aligncenter" width="600"] Source: Economist